Published:
IRDAI hike insurers cap on exposure
The Indian insurance regulator has increased the limit to 30%.
India’s Insurance Regulatory and Development Authority (IRDAI) has increased the limit of insurance companies' exposure to financial and insurance activities to 30%.
This will allow insurers to take on higher exposure in the industry.
The previous ceiling was capped at 25%. The change was announced in a circular last 29 April.
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